Vallourec (OTCMKTS:VLOWY) Announces Earnings Results

Vallourec (OTCMKTS:VLOWY) issued its quarterly earnings results on Thursday. The energy company reported $0.14 earnings per share for the quarter, Zacks reports. Vallourec had a net margin of 9.28% and a return on equity of 16.77%.

Vallourec Stock Down 1.0 %

OTCMKTS:VLOWY opened at $3.92 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.79 and a quick ratio of 1.04. The company’s fifty day moving average price is $3.78 and its 200-day moving average price is $3.41. Vallourec has a 1-year low of $2.84 and a 1-year high of $4.19. The firm has a market capitalization of $4.58 billion, a P/E ratio of 11.20 and a beta of 1.60.

About Vallourec

Vallourec SA, through its subsidiaries, provides tubular solutions for the oil and gas, industry, and energy markets in Europe, North America, South America, Asia, the Middle East, and internationally. It operates through Tubes; Mine & Forests; and Holding Companies & Other segments. The company offers seamless tubes for refineries, petrochemical facilities, and floating liquefied natural gas plants, as well as production, storage, and offloading units; VAM connections; rigid subsea line pipes and onshore rigid line pipes; and carbon steel and steel alloy tubes, hollow bars, and connections.